HYOSUNG Procurement Engineer Interview Questions and Answers

Q1. Introduction, technical supply chain questions
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Q1. What is the procurement strategy?
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Procurement strategy refers to the plan and approach used by an organization to acquire goods and services.
• It involves identifying the organization's procurement needs and objectives.

• It includes selecting suppliers and negotiating contracts.

• It focuses on optimizing costs, quality, and delivery of goods and services.

• It may involve strategies like centralized procurement, strategic sourcing, or supplier relationship mana...read more
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Q2. How I can handle development vendor?
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To handle development vendors, establish clear expectations, maintain open communication, monitor progress, and evaluate performance.
• Establish clear expectations and requirements for the development vendor.

• Maintain open and regular communication to ensure alignment and address any issues or concerns.

• Monitor the progress of the vendor's work and provide feedback or guidance as needed.

• Evaluate the performance of the vend...read more
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General public domain and usually handle your environmental situation

Grammar test , English fluency

Q1. What is procurement
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Procurement is the process of obtaining goods and services from external sources.
• Procurement involves sourcing, purchasing, and negotiating contracts for goods and services.

• It includes activities such as supplier selection, price negotiation, and contract management.

• Procurement aims to ensure that the organization obtains the best value for money and meets its needs efficiently.

• Examples of procurement activities includ...read more
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Q2. What is supply chain management
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Supply chain management involves the coordination and optimization of all activities involved in the sourcing, procurement, production, and logistics of goods and services.
• Involves managing the flow of goods and services from the point of origin to the point of consumption

• Includes activities such as sourcing, procurement, production planning, inventory management, and distribution

• Aims to optimize efficiency, reduce cos...read more
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Q3. What is warehousing
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Warehousing is the process of storing goods in a designated location for future use or distribution.
• Warehousing involves receiving, storing, and organizing goods in a facility.

• It includes inventory management, order fulfillment, and shipping logistics.

• Examples of warehousing facilities include distribution centers, warehouses, and storage units.
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Q4. Why to choose supply chain management feild
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Supply chain management offers opportunities for optimization, cost reduction, and efficiency in procurement processes.
• Opportunity to optimize processes and reduce costs through efficient supply chain management

• Ability to identify and mitigate risks in the procurement process

• Enhanced collaboration with suppliers for better negotiation and relationship management

• Opportunity to implement innovative technologies for impro...read more
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Q5. What is logistics
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Logistics is the process of planning, implementing, and controlling the efficient flow and storage of goods, services, and related information from point of origin to point of consumption.
• Involves transportation, warehousing, inventory management, and information flow

• Focuses on optimizing processes to ensure timely delivery of goods and services

• Includes activities such as procurement, production planning, packaging, an...read more
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Q1. It was a technical round to understand your profile
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Q1. It was technical round with direct reporting manager.
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Basic questions

Basic ropics

Q1. Personal information and technical questions
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Q1. Director level of interview.
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